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Posted

Ok, fair enough. Its not the fact you raised the issue of animal tusks, of which I wasnt aware of and Im sure many others also have never heard of. So I must say thanks for raising this issue. Thailand has a much bigger 'gateway' problem(s) namely heroin, trafficking people also comes to mind.

My point is, every country in the world has an underbelly of some sort. Therefore these investors you mention could cross every country off their list for various reasons, including Egypt. I mean wouldnt womens rites be higher on the list over animal tusks from a moral point of view?

Perhaps their should be a topic started on these types of issues in Thailand to raise awareness?

I agree with every you have just said. I (in my only selfish, narssasictic way only care about Thailand), countries like Egypt dont really affect me and if people havent got anything particularly positive to say about the other 200 counties in the world besides the UK and Thailand, then I wont lose much sleep over it.

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Posted

I was one of those people who wrote that AAA CMOs and other such synthetic instruments were conglomerations of high yield high credit risk investments that were then rated AAA because one of the guarantors said that they were. There were many institutional investors who were mandated by law or internal policy to only place their funds in AAA rated securities so 'securitization' became the buzzword.

However, I just was short the several hundred million dollars required to put a bet on those hunches. I was working with people to create genuine AAA instruments that did not require an artificial guarantee but, as there was no way that such could meet the yields on credit card debt instruments, etc., no one was interested.

The old story is that Joe Kennedy (father of JFK) in 1929 decided to liquidate his stock positions when a shoe shine boy gave him a few stock tips along with his shine. So I'm sure lots of people have stories about what they knew but -- if you were actually in a position to act on them like J. Paulson -- you would be a billionaire as well as Joe Kennedy ended up (in today's dollars anyway).

However, if you really were sent to London to raise those investment funds, fine, but then I do not think your principals would appreciate the fact that you decided to discuss their proprietary interests on a place such as this.

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Posted

Don't get your panties in a bunch folkies, Yingluck is on the case. All will be well.....Nothing to see here. Move along please.

Posted

Hey the OP is letting us know that HE was one of those prescient to predict the last financial catastrophe so maybe we should ignore him now at our peril. Wise up.

Posted

The types of people who are buying up tracts of land in and around Bangkok are investors. They only think about money, their purpose is to make money for their backers, FULL STOP. THATS IT.

Who are these backers ???

Where do they come from ???

Why do they have so much money to spend on yet another shopping mall on Sukhamvict (spelt wrong) Road. They come from the very places, where they make a lot of money protecting the animals being hunted.

Its just economics, the Thai People selling you the latest Iphone 6 (5S), when it released in November work for companies, these companies have investors and these investors have backers. These backers will not take likely to having their business interests hurt and there will be reprisals for sure.

The Thais have to get out of the thinking that all western money comes from the husbands and boyfriends of their sisters, mothers and daughters.

This is a wind up right? Thai businessmen don't think that all Western money comes from the "husbands and boyfriends of their sisters, mothers and daughters". That sounds more like the viewpoint of a misguided few on this forum. if you're trying to make a serious point you do yourself no favours by making ridiculous statements like that. The patronising tone of your posts undermines any point you may have (unless the point was to patronise Thai people).

Posted

Ok firstly, I find it hard to believe anyone seriously wanting to invest money in such a politically unstable country as Egypt with its sectarian violence, terrorist attacks. Its an unstable country.

Secondly, anyone with large amounts of money to invest wouldnt choose not to invest in a country, in this case Thailand, simply because it is a 'gateway' for tusks into another country. Plenty are investing money in China and they are the culprits of a lot of animal cruelty.

I dont want to sound rude op, but your story seems quite odd balled.

The story sounds fictional to me, something you might make up as an excuse to make a post about animal rights

I'd have to agree. Hey OP, just curious, but are your "investors" hesitant at all about doing business in China? That seems to be the source of most of the demand, no? If they are, then not sure why they are in the "business" of investing at all.

Posted

Ok firstly, I find it hard to believe anyone seriously wanting to invest money in such a politically unstable country as Egypt with its sectarian violence, terrorist attacks. Its an unstable country.

Secondly, anyone with large amounts of money to invest wouldnt choose not to invest in a country, in this case Thailand, simply because it is a 'gateway' for tusks into another country. Plenty are investing money in China and they are the culprits of a lot of animal cruelty.

I dont want to sound rude op, but your story seems quite odd balled.

I must admit, I lost the logic as well. One minute OP is saying that these "backers" were concerned about investing in Thailand because of its association with the rhino trade - and the next minute he is pointing out that investors want their return and that is it.

While I don't ascribe to the idea that buisnessmen/investors/venture capitalists are actually the spawn of Satan, I also fail to see that 'social responsibility" and "big business" are exactly cuddly bed partners. Nodding aquaintances at best, maybe.

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